RMBS Sale Hits Dexia’s Tier 1 Ratio
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RMBS Sale Hits Dexia’s Tier 1 Ratio

Dexia, the French-Belgian bank, will see its Tier 1 ratio shrink from 13.4% at the end of the first quarter to 11% after taking a $5.1 billion charge on an expected sale of mostly U.S. residential mortgage-backed securities and long-term bonds next year.

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